MimbleWimbleCoin Crypto Price Prediction, Value and Chart (MWC)

MimbleWimbleCoin (MWC) Frequently Asked Questions

What is MimbleWimbleCoin?

With a provable supply cap of 20,000,000, MWC is a scarce pure proof of work Mimblewimble based coin designed to enable greater network scalability, privacy and fungibility than legacy blockchain protocols. All transactions on the base layer use Greg Maxwell's Coin Join with his Confidential Transactions and signature aggregation. Three main properties of MWC transactions increase their privacy. All transactions on the base layer are CoinJoined with Confidential Transactions and signature aggregation. Consequently, there are no addresses, transaction amounts or intermediary inputs and outputs in blocks and all transactions are indistinguishable from one another. (Description provided by CryptoCompare)

How do I buy MimbleWimbleCoin?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including MimbleWimbleCoin.

Where can I get MimbleWimbleCoin wallet?

MimbleWimbleCoin produces its own wallet software that is available for download on its website, which allows you to store MimbleWimbleCoin on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of MimbleWimbleCoin?

One MimbleWimbleCoin (MWC) is currently worth $2.35 on major cryptocurrency exchanges. You can also exchange one MimbleWimbleCoin for 0.00009583 bitcoin(s) on major exchanges. The value (or market capitalization) of all available MimbleWimbleCoin in U.S. dollars is $25.50 million.

What hashing algorithm does MimbleWimbleCoin use?

MimbleWimbleCoin is a proof of work (PoW) and proof of stake (PoS) coin that uses the X11 algorithm.

How do I mine MimbleWimbleCoin?

MimbleWimbleCoin can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. In addition to having mining software, you will need a MimbleWimbleCoin and access to a mining pool that pools your effort with other miners and a wallet to store the MimbleWimbleCoin that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

What coins are similar to MimbleWimbleCoin?

The following coins use MimbleWimbleCoin's X11 algorithm and proof of work (PoW) and proof of stake (PoS) proof-type: Dash, Immutable X, Secret, Boson Protocol, DigitalBits, TOR, Inverse Finance, Cryptostone, Rainmaker Games, SYNC Network, Xriba, Mars Ecosystem Token, Connect, CPChain and Memetic / PepeCoin.

What is the Reddit page for MimbleWimbleCoin?

The official Reddit community (subreddit) for MimbleWimbleCoin is r/mimblewimblecoin.